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Crystal Bianco
Our Goal
To develop and implement an effective Performance
Management System at First Command Financial
Planning as well as develop a Communication Plan
that serves the needs of the Performance Management
System
What is Performance Management?
Systematic process employed by a company to involve
employees in improving organizational effectiveness
in accomplishing the agencyā€™s mission and goals
(Office of Personnel Management, n.d.).
Includes:
ļ¶Planned Work Expectations
ļ¶Continual Performance Monitoring
ļ¶Developing Performance Capacity
ļ¶Rating Performance Periodically
ļ¶Rewarding Good Performance
ļ¶Correction Plan for Poor Performance
How Does Performance
Management Fit with Our Strategy
Organizational goals created in strategic planning
Process (Planning Resource Center, n.d.).
Performance Planning Stage of Performance
Management: Individual goal setting
Organization goals cascade down
ļƒ¼ Organization as a whole
ļƒ¼Sub ā€“Units
ļƒ¼Individual Employees
Whatā€™s in it For Me?
Improved business profits
ļƒ¼ Increased productivity and work quality
Increased employee responsibility
ļƒ¼ Held accountable for actions
Equitable and fair treatment of employees
ļƒ¼ Standardized procedures = consistency
Enhanced quality of work life
ļƒ¼ Conflict Job Satisfaction
(Great Biz Tools, n.d.)
Our Performance Management
TimelineEmployee Management
PLANNING
PHASE
QUARTERLY
REVIEWS
Review PM
Materials, List
Goals (August 15)
October 15h- Rev 1
Self Evaluation, Meet
with Manager
Meet with
Supervisor ,
Develop Plan
(August 25)
January 15th- Rev 2
Self Evaluation, Meet
with Manager
Begin Executing
Plan ( September
5th)
April 15th- Rev 3
Self Evaluation, Meet
with Manager
Meet to Review
Effectiveness after
First review
(October 25)
July 15th- Rev 4
Self Evaluation, Meet
with Manager
PLANNING PHASE QUARTERLY
REVIEWS
Review PM Materials,
List Goals (August 15)
October 15th- Rev1
Employee Evaluation,
Meet with Employee
Meet with
Employee , Develop
Plan (August 25)
January 15th-Rev 2
Employee Evaluation,
Meet with Employee
Begin Executing Plan
( September 5th)
April 15th- Rev 3
Employee Evaluation,
Meet with Employee
Meet to Review
Effectiveness after
First review (October
25)
July 15th- Rev 4
Employee Evaluation,
Meet with Employee
Communication Channels
Internal:
Quarterly Meetings
Newsletters
Regular E-Mails
Trainings on communication for employees and
management
(Francis, n.d.)
Responsibilities
Senior Management
ā€¢ Engage others in process
ā€¢ Enthusiasm and Support
ā€¢ Be prepared for questions
ā€¢ Guide strategic decision making
Management
ā€¢ Conduct regular meetings
ā€¢ Support employee development and improvement
ā€¢ Monitor progress and goal completion
ā€¢ Provide needed feedback
Employee
ā€¢ Work towards individual goals
ā€¢ Take responsibility
ā€¢ Be receptive
ā€¢ Complete Assigned Tasks
ā€¢ Ask for Support if needed
Human Resources
ā€¢ Design Best Practices
ā€¢ Provide Training
(Halogen, n.d.)
Activities
Team Building Exercises(Both Employee and
management)
Regular Office-Wide Meetings to Discuss System
Effectiveness
Partnerships
What is each ā€˜Partnerā€™ achieving?
Is this system working for both Partners?
Use outcome to plan more effectively and tweak
system
(Improvement Service, 2011)
Plan Implementation
https://www.google.com/search?hl=en&site=imghp&tbm=isch&source=hp&biw=1366&bih=667&q=performance+management+partnershi
p&oq=performance+management+partnership&gs_l=img.3...556.6982.0.7262.34.16.0.15.15.1.293.1998.4j8j1.13.0....0...1ac.1.51.img..10.24.1938.U
RPLGlMVV20#hl=en&q=performance+management+plan+implementation&tbm=isch&facrc=_&imgdii=_&imgrc=Y_ktydk0qu086M%253A
%3ByeKRXWUYxW_5yM%3Bhttp%253A%252F%252Fwww.tbs-sct.gc.ca%252Ftou%252Fpmc-dgr%252Fimages%252F10-steps-etapes-01-
eng.jpg%3Bhttp%253A%252F%252Fwww.tbs-sct.gc.ca%252Ftou%252Fpmc-dgr%252F10-steps-etapes-eng.asp%3B595%3B473
References
Francis, K. (n.d.). Importance of business communication channels. Retrieved from
http://smallbusiness.chron.com/importance-business-communication-channels-117.html
Great Biz Tools (n.d.) Invest in a structured performance management system. Retrieved from
https://www.greatbiztools.com/index.cfm/performance-management-benefits
Halogen Software (n.d.). Roles and responsibilities in a best practice performance management system. Retrieved
from http://www.halogensoftware.com/learn/how-to/roles-and-responsibilities-in-a-best-practice-
performance-management-process
Improvement Service. (2011). Developing performance management in partnerships. Retrieved from
file:///C:/Users/Cristal/Downloads/Developing%20performance%20management%20in%20partnerships%20(1
).pdf
Performance Management.(n.d.). Overview and history. Retrieved from http://www.opm.gov/policy-data-
oversight/performance-management/overview-history/
Planning Resource Center (n.d.). Is there a relationship between strategic planning and performance management?
Retrieved from http://work911.com/planningmaster/faq/planningperfmgt.htm

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Performance management at first command financial planning 2

  • 2. Our Goal To develop and implement an effective Performance Management System at First Command Financial Planning as well as develop a Communication Plan that serves the needs of the Performance Management System
  • 3. What is Performance Management? Systematic process employed by a company to involve employees in improving organizational effectiveness in accomplishing the agencyā€™s mission and goals (Office of Personnel Management, n.d.). Includes: ļ¶Planned Work Expectations ļ¶Continual Performance Monitoring ļ¶Developing Performance Capacity ļ¶Rating Performance Periodically ļ¶Rewarding Good Performance ļ¶Correction Plan for Poor Performance
  • 4. How Does Performance Management Fit with Our Strategy Organizational goals created in strategic planning Process (Planning Resource Center, n.d.). Performance Planning Stage of Performance Management: Individual goal setting Organization goals cascade down ļƒ¼ Organization as a whole ļƒ¼Sub ā€“Units ļƒ¼Individual Employees
  • 5. Whatā€™s in it For Me? Improved business profits ļƒ¼ Increased productivity and work quality Increased employee responsibility ļƒ¼ Held accountable for actions Equitable and fair treatment of employees ļƒ¼ Standardized procedures = consistency Enhanced quality of work life ļƒ¼ Conflict Job Satisfaction (Great Biz Tools, n.d.)
  • 6. Our Performance Management TimelineEmployee Management PLANNING PHASE QUARTERLY REVIEWS Review PM Materials, List Goals (August 15) October 15h- Rev 1 Self Evaluation, Meet with Manager Meet with Supervisor , Develop Plan (August 25) January 15th- Rev 2 Self Evaluation, Meet with Manager Begin Executing Plan ( September 5th) April 15th- Rev 3 Self Evaluation, Meet with Manager Meet to Review Effectiveness after First review (October 25) July 15th- Rev 4 Self Evaluation, Meet with Manager PLANNING PHASE QUARTERLY REVIEWS Review PM Materials, List Goals (August 15) October 15th- Rev1 Employee Evaluation, Meet with Employee Meet with Employee , Develop Plan (August 25) January 15th-Rev 2 Employee Evaluation, Meet with Employee Begin Executing Plan ( September 5th) April 15th- Rev 3 Employee Evaluation, Meet with Employee Meet to Review Effectiveness after First review (October 25) July 15th- Rev 4 Employee Evaluation, Meet with Employee
  • 7. Communication Channels Internal: Quarterly Meetings Newsletters Regular E-Mails Trainings on communication for employees and management (Francis, n.d.)
  • 8. Responsibilities Senior Management ā€¢ Engage others in process ā€¢ Enthusiasm and Support ā€¢ Be prepared for questions ā€¢ Guide strategic decision making Management ā€¢ Conduct regular meetings ā€¢ Support employee development and improvement ā€¢ Monitor progress and goal completion ā€¢ Provide needed feedback Employee ā€¢ Work towards individual goals ā€¢ Take responsibility ā€¢ Be receptive ā€¢ Complete Assigned Tasks ā€¢ Ask for Support if needed Human Resources ā€¢ Design Best Practices ā€¢ Provide Training (Halogen, n.d.)
  • 9. Activities Team Building Exercises(Both Employee and management) Regular Office-Wide Meetings to Discuss System Effectiveness
  • 10. Partnerships What is each ā€˜Partnerā€™ achieving? Is this system working for both Partners? Use outcome to plan more effectively and tweak system (Improvement Service, 2011)
  • 12. References Francis, K. (n.d.). Importance of business communication channels. Retrieved from http://smallbusiness.chron.com/importance-business-communication-channels-117.html Great Biz Tools (n.d.) Invest in a structured performance management system. Retrieved from https://www.greatbiztools.com/index.cfm/performance-management-benefits Halogen Software (n.d.). Roles and responsibilities in a best practice performance management system. Retrieved from http://www.halogensoftware.com/learn/how-to/roles-and-responsibilities-in-a-best-practice- performance-management-process Improvement Service. (2011). Developing performance management in partnerships. Retrieved from file:///C:/Users/Cristal/Downloads/Developing%20performance%20management%20in%20partnerships%20(1 ).pdf Performance Management.(n.d.). Overview and history. Retrieved from http://www.opm.gov/policy-data- oversight/performance-management/overview-history/ Planning Resource Center (n.d.). Is there a relationship between strategic planning and performance management? Retrieved from http://work911.com/planningmaster/faq/planningperfmgt.htm